502, Avenue Residence 2
Sold prices and rental history: sold twice, last in May 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Avenue Residence 2
What is 502 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 20 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,104 sqft
- Floor
- 5th of 10
- Parking
- P-3
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 13,400 /yr
- Last sold
- AED 1.13M · May 2017
- Building
- Avenue Residence 2
About 502, Avenue Residence 2
502 is a two-bedroom apartment of 1,104 sqft on the 5th floor of Avenue Residence 2, a 10-storey tower in Al Furjan completed in 2015 by Nabni Real Estate Development. It last sold on 10 May 2017 for AED 1,130,000, or AED 1,023 per sqft, 42% above the AED 718 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 20 June 2026, is AED 93,500 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 13,400 a year.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Avenue Residence 2, and where 502 sits
All 53 2-beds →502 last sold in May 2017 at AED 1,023 per sqft, 42% above what two-beds in Avenue Residence 2 were fetching at the time (AED 718). Over the last 12 months two-beds sold for AED 1,550,000, around AED 1,170 per sqft, and rent for AED 48,893 to 122,000 a year. 502's AED 93,500 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Dec 202525 December 2025 | 1,324 sqft | 1,550,000 | 1,170 | ||
| 28 May 202528 May 2025 | 1,517 sqft | 1,650,000 | 1,087 | ||
| 3 Oct 20243 October 2024 | 1,397 sqft | 1,400,000 | 1,002 | ||
| 5 Jun 20245 June 2024 | 1,142 sqft | 1,200,000 | 1,051 |
Avenue Residence 2
Building95 apartments, 1-bed to 3-bed over 10 floors in Al Furjan, completed in 2015 by Nabni Real Estate Development. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,287
- Typical sale
- AED 1.3M
- Typical rent
- AED 89K /yr
- Typical yield
- 5.8%
Other units on the 5th floor
All 95 units in Avenue Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,957 sqft | AED 1.92MAED 1,923,571 · Sep 2015September 2015 | ||
| 503 | 1-bed | 835 sqft | AED 670KAED 670,000 · Jan 2023January 2023 | 74,000 /yr | |
| 504 | 2-bed | 1,397 sqft | AED 1.33MAED 1,327,373 · May 2017May 2017 | ||
| 505 | 2-bed | 1,324 sqft | AED 1.29MAED 1,291,924 · Jul 2015July 2015 | 90,000 /yr | |
| 506 | 2-bed | 1,228 sqft | AED 950KAED 950,000 · Nov 2021November 2021 | 75,900 /yr | |
| 507 | 1-bed | 934 sqft | AED 983KAED 982,770 · Mar 2015March 2015 | 67,000 /yr | |
| 508 | 1-bed | 881 sqft | AED 923KAED 923,416 · Mar 2015March 2015 | 50,000 /yr | |
| 509 | 3-bed | 2,022 sqft | AED 2.05MAED 2,050,000 · Feb 2025February 2025 | 150,000 /yr | |
| 510 | 2-bed | 1,143 sqft | AED 1.11MAED 1,105,453 · Mar 2017March 2017 | 90,000 /yr |
502, Avenue Residence 2 in numbers
- Sold twice: first on 24 June 2015 for AED 1,085,622, last on 10 May 2017 for AED 1,130,000 (AED 1,023 per sqft).
- Rented since July 2017 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 55,000 in 2021 and recovered to AED 93,500 by June 2026.
- At AED 93,500 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 13,400 a year (AED 12.18 per sqft).
- Two-beds in Avenue Residence 2 sold for AED 1,550,000–1,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,287 per sqft.
Source: Dubai Land Department. Updated 20 June 2026.
Questions about 502, Avenue Residence 2
What did unit 502 last sell for?
AED 1,130,000 on 10 May 2017: AED 1,023 per sqft for 1,104 sqft. The unit has 2 registered sales; the first was AED 1,085,622 in June 2015.
What is the rent for unit 502?
AED 93,500 a year on the contract renewed on 20 June 2026. The previous contract, from June 2025, was AED 93,500; the unit has been rented since July 2017.
How big is unit 502?
1,104 sqft (102.6 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2015.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Avenue Residence 2 sold for AED 1,550,000 to 1,550,000 in the last 12 months, around AED 1,170 per sqft.
Selling 502? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 502, Avenue Residence 2
Starts from the last sale price (AED 1.13M, 10 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,130,000
- Deposit, UAE resident (20%)
- AED 226,000
- Deposit, non-resident (40%)
- AED 452,000
- Monthly over 25 years at 3.7%
- AED 4,623
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →